Gk Energy Limited · NSE:GKENERGY
Gk Energy — Q2 & H1 FY27 Earnings Presentation
33 slides from Gk Energy's earnings presentation, Oct 29, 2026
Slide 1: Exchange filing cover letter
October 29, 2026 To, To, Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: GKENERGY Scrip Code BSE- 544525
Slide 2: GK Energy Limited Investor Presentation Q2 & H1 FY27
GK Energy Limited Investor Presentation Q2 & H1 FY27 India's Largest Decentralized Renewable Energy Infrastructure Execution, Technology Defined, Low-Capex Controlled Manufacturing Ecosystem BSE: 544525 | NSE: GKENERGY | ISIN: INE1AG301022 | CIN: L74900PN2008PLC132926
Slide 3: GK Energy: Decentralized Solar Solutions
GK Energy: Decentralized Solar Solutions Products Sectors We Serve Community Connect Value Proposition 6 Community States Presence Access to clean Solar Power Assurance of electricity supply 20 + Agriculture Residential Compelling economic benefits Solar Rooftop System Warehouses • Solar pumping • R
Slide 4: Investment Case (1/2)
Investment Case (1/2) Largest Renewable Energy Solutions High GK Energy Brand Recall Drives Sourcing Flexibility and Volume Driven 1 Network Across Rural India 2 Market Share and Enables Growth 3 Cost Advantage in a Dynamic Industry • Strong Ecosystem of dedicated installation • Trusted brand built
Slide 5: Investment Case (2/2)
Investment Case (2/2) Expanding Across the Decentralised Solar High Growth Renewables Trajectory Well Positioned to Support India's Long- 4 Solutions Value Chain 5 Coupled with Low Capex Funding 6 Term Renewable Energy Transition Plans • Portfolio spans solar modules, inverters, • Installed 61,085 s
Slide 6: GK Energy at a Glance
GK Energy at a Glance Q2 FY27 H1 FY27 ₹4,026.54 Mn ₹744.15 Mn ₹493.64 Mn ₹9,078.46 Mn ₹1,605.29 Mn ₹1,090.37 Mn Revenue EBITDA PAT Revenue EBITDA PAT 12.3% YoY growth 18.5% margin 6.3% YoY growth 38.9% YoY growth 17.7% margin 30.7% YoY growth 84 MW 19,391 193 MW 43,509 MW Installed Systems* MW Insta
Slide 7: Chairman's Message
Chairman’s Message Commenting on the performance Mr. Gopal Rajaram Kabra, Chairman, Managing Director and CEO said: “Building on our established business of solar-powered agriculture pump systems, GK Energy is now scaling rooftop solar and expanding into energy storage. This progression advances our
Slide 8: Q2 and H1 FY27 Performance
Q2 and H1 FY27 Performance (Standalone, ₹ Mn) Revenue from Operations EBITDA and Margin (%) 38.9% 21.6% 12.3% 0.9% 9,078.46 1605.29 1,320.40 6,537.72 5,051.92 861.14 744.15 3,585.04 4,026.54 737.43 20.6% 17.0% 18.5% 20.2% 17.7% Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26
Slide 9: Last five years financial performance
Last five years financial performance (Standalone, ₹ Mn) A consistent and remarkable compounding track record across multiple business cycles and market conditions Revenue EBITDA PAT Shareholders’ Equity 3,132 8,846 CAGR- 116.0% CAGR- 178.6% CAGR- 234.9% 2,013 CAGR- 214.0% 15,325 2,040 1,332 10,948
Slide 10: Journey So Far
Journey So Far The beginnings Rural electrification and solar pumps Expansion and listing • 2006: Energy Marketers • Electrified 40 remote villages • Entered Rajasthan, UP and MP founded • Entered solar pumping • FY25 revenue crossed ₹10,000.00 • Started with solar water • Expanded to Chhattisgarh M
Slide 11: Strategic Advantages Powering GK Energy's Long Term Growth
Strategic Advantages Powering GK Energy’s Long Term Growth GK Energy presents a compelling proposition at the intersection of India's renewable energy transition, rural economic development, and the emergence of a scalable, capital efficient platform business model Experienced Leadership Team Asset
Slide 12: From Branded Solar Products to Community Consumers
From Branded Solar Products to Community Consumers Strategic Manufacturing Partnership (8 States) Community Market Presence (6 States) Himachal Uttar Pradesh Haryana Uttar Pradesh Pradesh Haryana Rajasthan Rajasthan Gujarat Maharashtra Madhya Maharashtra Pradesh Pune, HQ Chhattisgarh Head Office Chh
Slide 13: Financial Snapshots: Q2 & H1 FY27 (Standalone)
Financial Snapshots: Q2 & H1 FY27 (Standalone) Quarterly & Half Yearly Comparison Particulars Q2 FY27 Q2 FY26 YoY Change Q1 FY27 QoQ Change H1 FY27 H1 FY26 YoY Change Revenue (₹ Mn) 4,026.54 3,585.04 12.3% 5,051.92 (20.3%) 9,078.46 6,537.72 38.9% EBITDA (₹ Mn) 744.15 737.43 0.9% 861.14 (13.6%) 1,605
Slide 14: GK Energy: Strategic Positioning
GK Energy: Strategic Positioning Low Capex Model Sourcing & Partnerships • Asset Light Model: Outsourced manufacturing • Cost and quality control: Direct raw material reduces factory investment and fixed overheads sourcing, vendor audits and inspections maintain standards and manage costs • Focused
Slide 15: Vision & Mission 2030
Vision & Mission 2030 Becoming India's Most Trusted Renewable Energy Brand $1 Billion Business India's Largest Decentralized 1 Million Installed Systems by 2030 RE Execution Platform by 2030 GK Energy targets building a USD 1 GK Energy is committed to From 184,000+ cumulative systems billion enterpr
Slide 16: India's Solar Journey: Growth and Outlook
India's Solar Journey: Growth and Outlook 171.05 GW 44.61 GW 20.79 GW 500 GW Installed capacity | 30 Sep 2026 Annual solar addition in FY26 Added till H1 FY27 Non fossil capacity target by 2030 Installed Solar Capacity (GW) Annual Solar Additions (GW) Installed Capacity Composition 5.36 6.63 171.05
Slide 17: Products & Future Business Opportunities
Products & Future Business Opportunities Solar Rooftops Solar Pumping Systems BESS & Hybrid Energy Ground Mounted Solar EPC • Residential & commercial • Strong positioning under • Emerging next generation • Expanding into larger EPC adoption accelerating PM-KUSUM and various energy vertical projects
Slide 18: Solar Roof Top System (RTS)
Products & Future Business Opportunities Solar Roof Top System (RTS) Solar rooftop systems use roof mounted modules to generate DC power, which an inverter converts to AC. Surplus energy is exported to the grid or stored in a battery, and systems (on grid, hybrid, or storage backed) serve residentia
Slide 19: Solar Rooftop Market Overview
Products & Future Business Opportunities Solar Rooftop Market Overview Driven by PM Surya Ghar Yojana PM Surya Ghar Progress Launched in February 2024, with a proposed outlay of ₹750.21 Bn, it aims to provide up to 300 units of Installations: 51.0 Lakh electricity every month to 10 million household
Slide 20: Benefits of Solar Rooftop to GK Energy
Products & Future Business Opportunities Benefits of Solar Rooftop to GK Energy Better return on capital employed Strengthened Cash Flow Enhanced ROCE Profile driven by Strengthened Cash Flow Visibility superior asset utilization and supported by improved working- limited incremental capital intensi
Slide 21: Solar Roof Top System (RTS): Components
Products & Future Business Opportunities Solar Roof Top System (RTS) : Components Solar Inverter Solar Photovoltaic Module Solar ACDB and DCDB Converts the DC electricity generated by solar High-efficiency monocrystalline solar panels Distribution boxes that protect and manage panels into usable AC
Slide 22: Benefits of Solar Rooftop (RTS) Systems
Products & Future Business Opportunities Benefits of Solar Rooftop Solar (RTS) Systems Low-Cost Ownership Clean Electricity Up to ₹78,000.00 Central Subsidy, Solar Rooftop Systems helps in State Subsidies if any reduction in CO₂ emissions, Discoms & EMV Faster ROI due to Reduction in Electricity sup
Slide 23: A Growing Market for Solar Powered Pump Systems
Products & Future Business Opportunities A Growing Market for Solar Powered Pump Systems Market Size: 78 Million Systems India has 118 million farmers, of whom: 1. Huge Untapped 3. Economic and • 22 million farmers have electric connections for pumping Potential Environmental Impacts Electric pumps
Slide 24: Solar Agricultural Water Pumping System
Products & Future Business Opportunities Solar Agricultural Water Pumping System www.gkenergy.in 23
Slide 25: Solar Agricultural Water Pumping System: Components
Products & Future Business Opportunities Solar Agricultural Water Pumping System: Components Solar Pump Motor Solar Photovoltaic Module Solar Water Pump Controller GK Energy offers a range of SS304 solar High-efficiency monocrystalline solar panels High efficiency IP65 solar pump controller submersi
Slide 26: Benefits of Solar Agricultural Pumping Systems
Products & Future Business Opportunities Benefits of Solar Agricultural Pumping Systems Low-Cost Ownership Cleaner Irrigation Under existing government schemes, Solar irrigation systems have helped farmers pay just 5–30% upfront, shrink irrigation related CO₂ enabling significant savings through emi
Slide 27: Battery Energy Storage Systems (BESS): Solutions
Products & Future Business Opportunities Battery Energy Storage Systems (BESS): Solutions Residential BESS Utility Scale BESS C&I Energy Storage A Battery Energy Storage System stores electricity when generation is high or demand is low and releases it when power is needed, shifting surplus solar in
Slide 28: Benefits of Battery Energy Storage Systems (BESS)
Products & Future Business Opportunities Benefits of Battery Energy Storage Systems (BESS) Lower Electricity Bills Peak Demand Management Shifts power use away from costly peak hours Helps DISCOMs meet evening peaks Reduces demand charges for businesses without costly short-term power Discoms & EMV
Slide 29: Income Statement: Q2 & H1 FY27 (Standalone)
Income Statement: Q2 & H1 FY27 (Standalone) Quarter-on-Quarter and Year-on-Year (₹ Mn) Particulars Q2 FY27 Q2 FY26 YoY % Q1 FY27 QoQ % H1 FY27 H1 FY26 YoY % Revenue from Operations 4,026.54 3,585.04 12.3% 5,051.92 (20.3%) 9,078.46 6,537.72 38.9% Other Income 20.30 19.70 3.0% 34.44 (41.1%) 54.74 36.5
Slide 30: Balance Sheet: H1 FY27 (Standalone)
Balance Sheet: H1 FY27 (Standalone) (₹ Mn) Particulars H1 FY27 FY 2026 Particulars H1 FY27 FY 2026 Property, Plant & Equipment 1,039.94 1,050.23 Equity Share Capital 405.63 405.63 ROU Asset / Intangible Assets 4.01 4.83 Other Equity 9,407.11 8,440.72 Investments 50.00 50.00 Total Equity 9,812.74 8,8
Slide 31: Cash Flow Summary: H1 FY27 (Standalone)
Cash Flow Summary: H1 FY27 (Standalone) (₹ Mn) Particulars H1 FY27 H1 FY26 FY 2026 Net Operating Cash Flow (A) (3,741.12) (2,350.00) 528.97 Net Investing Cash Flow (B) (735.03) (4,013.28) (1,368.04) Net Financing Cash Flow (C) 1,171.83 6,646.86 4,183.58 Net Change in Cash (A+B+C) (3,304.32) 283.58 3
Slide 32: Leadership Team
Leadership Team Experienced Promoters With Strong Management Team Gopal Rajaram Kabra Mehul Ajit Shah Chairman, MD & CEO Whole-time director & COO Holds a Bachelor’s in Commerce from Swami Ramanand Teerth Holds a Bachelor’s in Commerce and an MBA from the University of Marathwada University and an M
Slide 33: Safe Harbour / Disclaimer
Safe Harbour / Disclaimer This presentation is prepared solely for information purposes and does not constitute an offer, recommendation, or invitation to purchase or subscribe for any securities This presentation and the accompanying slides (the "Presentation"), which have been prepared by GK Energ